•   
  •   

Money Beer and big TVs: World Cup fever gives retail boost

14:06  11 july  2018
14:06  11 july  2018 Source:   news.sky.com

Booker rations beer supplies amid carbon dioxide shortage

  Booker rations beer supplies amid carbon dioxide shortage Tesco-owned food wholesaler Booker is limiting supplies of beer and fizzy soft drinks due to a shortage of carbon dioxide. Booker has capped sales to bars, restaurants and pubs at 10 cases of beer and five cases of cider and soft drinks.The key ingredient to carbonated drinks has been in short supply because of concurrent maintenance shutdowns at major production plants across Europe, according to industry journal Gasworld.

Image: The feel-good feeling if England win would be great for the economy, says Mark Carney.

Helen Dickinson, chief executive of the BRC, said: " Beer , barbeques and big TVs lifted June's sales as warm weather and World Cup fever gripped the nation."However, with consumers engrossed in the agony and ecstasy of each match, spending on many other items fell."In the end, June scored solid

a man standing in front of a crowd © Getty

Demand for beer, barbeques and big-screen televisions ahead of the World Cup lifted retail sales last month.

The British Retail Consortium (BRC) said like-for-like sales increased by 1.1% in June, compared to 1.2% in the same month a year ago. Total sales increased 2.3% in June, against an increase of 2% in June 2017.

Helen Dickinson, chief executive of the BRC, said: "Beer, barbeques and big TVs lifted June's sales as warm weather and World Cup fever gripped the nation.

"However, with consumers engrossed in the agony and ecstasy of each match, spending on many other items fell.

"In the end, June scored solid, but not sensational, sales."

What will happen if England win the World Cup?

  What will happen if England win the World Cup? After their victory on penalties over Colombia, and with just Sweden and one of Croatia or Russia standing in their way of the final, there is genuine hope and belief that England could win the World Cup. With people starting to dream about the country’s first major championship win since 1966, we’ve taken a look at what the aftermath of a victory would look like. So, here’s what we think will happen if England win the 2018 World Cup. 1/8 SLIDES © Ryan Pierse/Getty Images Sport What will happen if England win the World Cup? After their victory on penalties over Colombia, and with just Sweden and one of Croatia or Russia standing in their way of th

Helen Dickinson, chief executive of the British Retail Consortium, said: " Beer , barbecues and big TVs lifted June’s sales as warm weather and world cup fever gripped the nation.

All Economy Science Technology. BUSINESS. World Cup fever gives retail boost . Helen Dickinson, chief executive of the BRC, said: “ Beer , barbeques and big TVs lifted June’s sales as warm weather and World Cup fever gripped the nation.

Watch: England squad warm up with rubber chickens [Sky News]

In a separate survey, Barclaycard said consumer spending grew 5.1% year-on-year in June, with consumers keen to make the most of the summer and the World Cup.

Data from Barclaycard, which sees nearly half of the nation's credit and debit card transactions, shows that non-essential spending grew 5.5%, its best performance since October 2016.

Pub expenditure rose 9.5% in June, with spending increasing 33% on the day of England's first match against Tunisia.

The betting industry also stands to benefit from football fever, with a turnover of £1.2bn, according to bookmaker William Hill.

Father in court over suspected acid attack on son, 3

  Father in court over suspected acid attack on son, 3 The father of a three-year-old boy has appeared in court charged with conspiracy to commit grievous bodily harm after a suspected acid attack on his son. The 39-year-old cannot be named for legal reasons.He appeared at Kidderminster Magistrates' Court alongside four others: Adam Cech, 27, and Jan Dudi, 25, from Birmingham; Norbert Pulko, 22, from London; and Jabar Paktia, 41, from Wolverhampton.They have all been charged by West Mercia Police in connection with an acid attack on Saturday 21 July in Worcester.

The soccer World Cup prompted shoppers in Britain to spend more on beer , barbecues and big -screen televisions in June. But the overall increase in sales slowed in a reminder of how wary many consumers remain, a survey showed today.

Demand for beer , barbeques and big -screen televisions ahead of the World Cup lifted retail sales last month. At World Cup , Russians embrace the world , one relationship at a time. Eine Wende mit Beigeschmack – Die Märkte stehen für Vernunft, die Politik für …

"I imagine that England-Croatia will be the biggest match of the World Cup so far with potentially over £10m set to be wagered," Joe Crilly, spokesperson for William Hill, told Sky News.

If Harry Kane and his teammates go on to win the World Cup they could deliver an "unadulterated" boost to the UK economy, the governor of the Bank of England has said.

Mark Carney, speaking last week at a Northern Powerhouse business summit, was asked what the economic impact would be if England won the tournament.

Wearing a Three Lions lapel badge, Mr Carney smiled broadly and said it would be very positive.

"It would be an unalloyed, unadulterated, absolute good," he said. "Everything would be good."

However, the BRC's Helen Dickinson struck a note of caution: "The reality is that sales don't grow on the feel-good factor alone.

"With household incomes still barely growing faster than inflation, conditions for consumers and retailers remain extremely tough.

"And things could get tougher: once the euphoria of sporting success subsides, without a deal on Brexit, shoppers face the prospect of significant price increases and shortages of everyday goods.

"Even if England do go all the way, households may have little to celebrate come next April."

Sports Direct profits tumble as tycoon Mike Ashley's bet on department store Debenhams proves costly .
Sports Direct said it was forced to write off £85m on its near-30 per cent holding in the department store chain, which – after three profit warnings this year – has seen its market cap shrivel to £155.7m.   The blow contributed to a 72.5 per cent plunge in pre-tax profits to £77.5m, and comes after Ashley lost £11m on his 11 per cent stake in the struggling House of Fraser chain, raising questions over the Newcastle United owner's High Street investment strategy.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!